Working together to power users & deliver a return
The following proposal outlines the associated costs for A. Stock required. B. Branded assets (optional). C. Considerations We have identified 2 ways to provide the service. 1. Paid by users. 2. Free to users. We could do a combination of 1 & 2 giving it Free for Three customers but need some user data on % split being Three customers.
A. STOCK REQUIREMENT
Forecast across all 7 UK festivals. Stock remaining in year 1 can be re-used in subsequent years. All prices exc. VAT.
1. PAID Service
- 21,000 users forecast
- Paid by users (pricing event dependent)
- Three branded sleeve
- Possible discount for Three customers
- 30% Revenue to Three = Forecast £150k/year
- Investment required £228k / year
2. FREE Service
- 50,000 users forecast
- Free for ALL users (£30 refundable deposit)
- Three branded sleeve
- Discount for ALL
- 15% Revenue to Three = Forecast £100k*
- Investment required £430k / year
- *Revenue not GUARANTEED
C. Considerations
Additional costs to consider. All prices exc. VAT.
Insurance - will vary depending on assets (forecast between £3k - £6k p.a.)
Storage - will vary depending on above (forecast between £7k - £15k p.a.)
Maintenance - will vary depending on assets (forecast between £1k - £6k p.a.)
